Bloomberg News

VSMPO-Avisma Targets 33% Increase in Titanium Output This Year

January 16, 2012

Jan. 16 (Bloomberg) -- OAO VSMPO-Avisma, the Russian titanium producer that supplies the metal to companies including Boeing Co., plans to increase output by 33 percent this year, according to its corporate newsletter.

The Verkhnaya Salda-based company, controlled by state-run Russian Technologies Corp., is targeting output of 32,700 metric tons, up from 24,600 tons last year, Head of Production Dmitry Trifonov said in the newsletter published on its website.

--Editors: Amanda Jordan, Alastair Reed

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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